Shen & Chen Family Foundation is a private foundation focused on Education, based in Palo Alto, CA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $45K in total assets. Net investment income was $1.
Key facts about Shen & Chen Family Foundation
- EIN
- 88-1127459
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $44,972
Data from IRS Form 990-PF, 2024; updated September 2026.
How Shen & Chen Family Foundation gives
- In 2023 it paid out 226% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Shen & Chen Family Foundation
- How to evaluate Shen & Chen Family Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$45K
+0.0% YoY
Revenue
$1
-100.0% YoY
Net Investment Income
$1
-50.0% YoY
Expenses
—
-100.0% YoY
Under IRS private-foundation payout rules, Shen & Chen Family Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About Shen & Chen Family Foundation
Based on IRS filings
Shen & Chen Family Foundation is a private foundation focused on Education, based in Palo Alto, CA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $45K in total assets. Net investment income was $1.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $44,972 | $44,971 | — |
| Revenue | $1 | $50,002 | — |
| Expenses | — | $5,030 | — |
| Qualifying Distributions | — | $5,030 | — |
| Net Investment Income | $1 | $2 | — |
| Distributable Amount | $2,245 | $2,224 | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Shen & Chen Family Foundation is led by Yang Shen, President & CEO on every filing since 2022 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Yang Shen
President & CEO
On filings since 2022
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Shen & Chen Family Foundation?
Shen & Chen Family Foundation is a nonprofit organization focused on Education, based in Palo Alto, CA. It holds $45K in total assets as of 2024.
How large is Shen & Chen Family Foundation?
As of 2024, Shen & Chen Family Foundation holds $45K in total assets with $1 in annual revenue.
Where does Shen & Chen Family Foundation operate?
Shen & Chen Family Foundation has awarded grants in California.
How much is Shen & Chen Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Shen & Chen Family Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Shen & Chen Family Foundation's EIN?
Shen & Chen Family Foundation's EIN (Employer Identification Number) is 88-1127459. IRS Form 990 filing data is available on this page for 2022–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.